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REGISTER OF FOREIGN OWNERSHIP OF WATER OR AGRICULTURAL LAND ACT 2015


TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Simplified outline of this Act  
   4.      Definitions  
   5.      Rules may specify that land is not agricultural land  
   5A.     Meaning of registrable water entitlement  
   6.      Starting and ceasing to hold freehold interests in, and rights to occupy, land  
   6A.     Starting and ceasing to hold water entitlements and rights  
   7.      Extension to external Territories  
   8.      Extraterritoriality  
   9.      This Act binds the Crown  
   10.     Concurrent operation of State and Territory laws  
   11.     Severability  

   PART 2--REGISTER OF FOREIGN OWNERSHIP OF AGRICULTURAL LAND

   12.     Simplified outline of this Part  
   13.     Commissioner must keep this register  
   14.     Parts of this register  
   15.     Commissioner may add information to basic part of this register  
   16.     Commissioner may correct or update information in this register  
   17.     Statistical part of this register to be published on website  

   PART 3--REQUIREMENTS TO GIVE INFORMATION ABOUT FOREIGN HOLDINGS OF AGRICULTURAL LAND

           Division 1--Simplified outline of this Part

   18.     Simplified outline of this Part  

           Division 2--Foreign holdings of agricultural land on 1 July 2015

   19.     Notification of foreign persons' holdings of agricultural land as at 1 July 2015  

           Division 3--Changes in foreign holdings of agricultural land

              Subdivision A--Requirement to notify Commissioner of events affecting foreign holding of agricultural land

   20.     Notification of changes of foreign persons' holdings of agricultural land  

              Subdivision B--Events that must be notified

   21.     Foreign person starting to hold agricultural land  
   22.     Foreign person ceasing to hold agricultural land  
   23.     Becoming a foreign person while holding agricultural land  
   24.     Ceasing to be a foreign person while holding agricultural land  
   25.     Land becoming agricultural land while held by a foreign person  
   26.     Land ceasing to be agricultural land while held by a foreign person  

           Division 4--Giving of notice by agents

   27.     Requirement for executors and administrators to give notice for persons who die  
   28.     Requirement for corporate liquidators to give notice  
   29.     Agents may give notice  

           Division 5--Exemptions from requirements to give notice

   30.     Rules may exempt from requirements to give notice  

   PART 3A--REGISTER OF FOREIGN OWNERSHIP OF WATER ENTITLEMENTS

   30A.    Simplified outline of this Part  
   30B.    Commissioner must keep this register  
   30C.    Parts of this register  
   30D.    Commissioner may add information to basic part of this register  
   30E.    Commissioner may correct or update information in this register  
   30F.    Statistical part of this register to be published on website  

   PART 3B--REQUIREMENTS TO GIVE INFORMATION ABOUT FOREIGN HOLDINGS OF WATER ENTITLEMENTS

           Division 1--Simplified outline of this Part

   30G.    Simplified outline of this Part  

           Division 2--Foreign holdings of water entitlements or contractual water rights on 30 November 2017

   30H.    Notification of foreign persons' holdings of water entitlements or contractual water rights as on 30 November 2017  
   30J.    Notification of changes to these holdings that occur before 1 December 2017  

           Division 3--Changes in foreign holdings of water entitlements or contractual water rights

              Subdivision A--Requirement to notify of events affecting foreign holding of these entitlements or rights

   30K.    Notification of changes of foreign persons' holdings of water entitlements or contractual water rights  

              Subdivision B--Events that must be notified

   30L.    Foreign person starting to hold a water entitlement or contractual water right  
   30M.    Foreign person ceasing to hold a water entitlement or contractual water right  
   30N.    Becoming a foreign person while holding a water entitlement or contractual water right  
   30P.    Ceasing to be a foreign person while holding a water entitlement or contractual water right  
   30Q.    Change to certain characteristics of a water entitlement or contractual water right  

           Division 4--Giving of notice by agents

   30R.    Requirement for executors and administrators to give notice for persons who die  
   30S.    Requirement for corporate liquidators to give notice  
   30T.    Agents may give notice  

           Division 5--Exemptions from requirements to give notice

   30U.    Rules may exempt from requirements to give notice  

   PART 4--MISCELLANEOUS

   31.     Simplified outline of this Part  
   32.     Commissioner has the general administration of this Act  
   33.     Offshore information notices for persons who may have obligations under Part 3 or Part 3B  
   34.     Periodic report  
   34A.    Productivity Commission inquiry--Parts 3A and 3B  
   35.     Rules  


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